Chana ended slightly down on abundant supply in the physical market, estimates of higher output and sufficient stocks. In Delhi spot market, chana gained 6 rupees to end at 2,125 rupees per 100 kg. Chana dropped Rs 10 and settled at Rs 2193 per quintal. The volume was noted at 54890 lots. Support for chana is at 2183 below that could see a test of 2172. Resistance is now seen at 2204 above that could see a resistance of 2214.

Trading Ideas:

Chana trading range is 2172-2214.

Chana ended slightly down on abundant supply in the physical market

Support for the chana is seen at 2183 and resistance is at 2214.

NCDEX accredited warehouses chana stocks gained by 290 tonnes to 39468 tonnes.

In the Delhi spot market prices gained 6 rupees at 2,125 rupees per 100 kg

CHANA TRADING IN THE NARROW RANGE BUYING IS EXPECTED NEAR TO 2170.